IDEAS home Printed from https://ideas.repec.org/a/bfr/bullbf/202023004.html
   My bibliography  Save this article

The impact of climate change in Sub Saharan Africa: vulnerabilities, resilience and finance
[Impact du changement climatique sur l’Afrique subsaharienne : vulnérabilités, résilience et financements]

Author

Listed:
  • Debels-Lamblin Émilie
  • Jacolin Luc

Abstract

Climate change is both an immediate challenge and a long term constraint for Sub Saharan African (SSA) countries, particularly for the island nations and the states in the Sahel. The resilience of SSA countries is also greatly undermined by the critical importance of agriculture, demographic pressures and low levels of development (minimal rollout of green technologies, for example). National climate strategies and eco friendly investments must be reinforced, as policies to mitigate and adapt to climate change are a common goal for both national governments and their international partners. Combating climate change represents a mounting challenge for both fiscal and monetary policy but also for the financing of the economy. At the same time, international climate finance is still insufficient with respect to the commitments made by developed countries. This is particularly true for the least developed countries, which struggle to gain access to funds. Le changement climatique constitue à la fois un enjeu immédiat et une contrainte de long terme pour les pays d’Afrique subsaharienne (ASS), en particulier pour les pays sahéliens ou insulaires. L’ASS est en effet peu résiliente en raison de l’importance significative de son activité agricole, de sa pression démographique et de son faible niveau de développement (moindre déploiement des technologies vertes, par exemple). Les politiques d’atténuation et d’adaptation au changement climatique constituant un objectif partagé par les autorités et leurs partenaires internationaux, les stratégies nationales climatiques et les investissements écoresponsables doivent en conséquence être renforcés. La lutte contre le changement climatique est un enjeu croissant de politique budgétaire et monétaire, mais aussi de financement de l’économie. Or les financements climatiques internationaux sont encore insuffisants au regard des engagements pris par les pays développés, en particulier pour les pays les moins avancés (PMA), pour lesquels l’accès au financement est difficile.

Suggested Citation

  • Debels-Lamblin Émilie & Jacolin Luc, 2020. "The impact of climate change in Sub Saharan Africa: vulnerabilities, resilience and finance [Impact du changement climatique sur l’Afrique subsaharienne : vulnérabilités, résilience et financements," Bulletin de la Banque de France, Banque de France, issue 230.
    • Handle: RePEc:bfr:bullbf:2020:230:04
    as

    Download full text from publisher

    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/820209_bdf230-4_impact_of_climate_change_v_finale.pdf
    Download Restriction: no
    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/bdf-230-4_changement_climat_afrique.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lelia Croitoru & Juan José Miranda & Maria Sarraf, 2019. "The Cost of Coastal Zone Degradation in West Africa," World Bank Publications - Reports 31428, The World Bank Group.
    2. Signe Krogstrup & William Oman, 2019. "Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature," IMF Working Papers 2019/185, International Monetary Fund.
    3. Robert Jensen, 2000. "Agricultural Volatility and Investments in Children," American Economic Review, American Economic Association, vol. 90(2), pages 399-404, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joaquín Bernal-Ramírez & Jair Ojeda-Joya & Camila Agudelo-Rivera & Felipe Clavijo-Ramírez & Carolina Durana-Ángel & Clark Granger-Castaño & Daniel Osorio-Rodríguez & Daniel Parra-Amado & José Pulido &, 2022. "Impacto macroeconómico del cambio climático en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, issue 102, pages 1-62, July.
    2. Harold Alderman & John Hoddinott & Bill Kinsey, 2006. "Long term consequences of early childhood malnutrition," Oxford Economic Papers, Oxford University Press, vol. 58(3), pages 450-474, July.
    3. Esther Gehrke & Friederike Lenel & Claudia Schupp, 2023. "COVID-19 Crisis, Economic Hardships, and Schooling Outcomes," Education Finance and Policy, MIT Press, vol. 18(3), pages 522-546, Summer.
    4. Lamperti, Francesco & Bosetti, Valentina & Roventini, Andrea & Tavoni, Massimo & Treibich, Tania, 2021. "Three green financial policies to address climate risks," Journal of Financial Stability, Elsevier, vol. 54(C).
    5. Martin Henseler & Ingmar Schumacher, 2019. "The impact of weather on economic growth and its production factors," Climatic Change, Springer, vol. 154(3), pages 417-433, June.
    6. Denis Cogneau & Rémi Jedwab, 2012. "Commodity Price Shocks and Child Outcomes: The 1990 Cocoa Crisis in Côte d'Ivoire," Economic Development and Cultural Change, University of Chicago Press, vol. 60(3), pages 507-534.
    7. Grimm, Michael, 2008. "Food price inflation and schooling," Proceedings of the German Development Economics Conference, Zurich 2008 14, Verein für Socialpolitik, Research Committee Development Economics.
    8. Dean Yang, 2008. "International Migration, Remittances and Household Investment: Evidence from Philippine Migrants' Exchange Rate Shocks," Economic Journal, Royal Economic Society, vol. 118(528), pages 591-630, April.
    9. Florencia L�pez B�o, 2012. "In School or at Work? Evidence from a Crisis," Oxford Development Studies, Taylor & Francis Journals, vol. 40(3), pages 381-404, September.
    10. Huang, Wei & Lei, Xiaoyan & Sun, Ang, 2015. "The Great Expectations: Impact of One-Child Policy on Education of Girls," IZA Discussion Papers 9301, Institute of Labor Economics (IZA).
    11. Florencia L�pez B�o, 2012. "In School or at Work? Evidence from a Crisis," Oxford Development Studies, Taylor & Francis Journals, vol. 40(3), pages 381-404, September.
    12. Fabre, Alice & Pallage, Stéphane, 2015. "Child labor, idiosyncratic shocks, and social policy," Journal of Macroeconomics, Elsevier, vol. 45(C), pages 394-411.
    13. Bratti, Massimiliano & Mendola, Mariapia, 2014. "Parental health and child schooling," Journal of Health Economics, Elsevier, vol. 35(C), pages 94-108.
    14. Mercy Berman DeMenno, 2023. "Environmental sustainability and financial stability: can macroprudential stress testing measure and mitigate climate-related systemic financial risk?," Journal of Banking Regulation, Palgrave Macmillan, vol. 24(4), pages 445-473, December.
    15. Azreen Karim & Ilan Noy, 2016. "Poverty and Natural Disasters: A Meta-Regression Analysis," Review of Economics and Institutions, Università di Perugia, vol. 7(2).
    16. Francisco M. P. Mugizi, 2022. "Stronger together? Shocks, educational investment, and self-help groups in Tanzania," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 24(2), pages 511-548, December.
    17. Michael Grimm, 2008. "Food Price Inflation and Children's Schooling," Discussion Papers of DIW Berlin 844, DIW Berlin, German Institute for Economic Research.
    18. Takasaki, Yoshito, 2017. "Do Natural Disasters Decrease the Gender Gap in Schooling?," World Development, Elsevier, vol. 94(C), pages 75-89.
    19. Jonathan Colmer, 2013. "Climate Variability, Child Labour and Schooling: Evidence on the Intensive and Extensive Margin," GRI Working Papers 132, Grantham Research Institute on Climate Change and the Environment.
    20. Manisha Shah & Bryce Millett Steinberg, 2017. "Drought of Opportunities: Contemporaneous and Long-Term Impacts of Rainfall Shocks on Human Capital," Journal of Political Economy, University of Chicago Press, vol. 125(2), pages 527-561.

    More about this item

    JEL classification:

    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bfr:bullbf:2020:230:04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael brassart (email available below). General contact details of provider: https://edirc.repec.org/data/bdfgvfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.